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Author Topic: Brought Bitcoin in 2017 and sold in 2018  (Read 1280 times)
cassavachips
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March 29, 2020, 04:59:53 AM
 #61

This is a sad and disappointing experience if I experience it, because in Q4 2017 bitcoin has gone up very high and I don't know the reason you don't sell it and take profit. You missed a big moment. Hopefully the assets you hold now recover soon
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March 29, 2020, 06:54:58 AM
 #62

This is a sad and disappointing experience if I experience it, because in Q4 2017 bitcoin has gone up very high and I don't know the reason you don't sell it and take profit. You missed a big moment. Hopefully the assets you hold now recover soon

Well, It's not too late. If you have invested at the lowest bottom these past few days, then you might have a chance to make a good profit when everything is back to normal, or rather after the health crisis. The block halving can initiate a good market sentiments, because of the effect on the price before and after the past 2 halving. So, chances are, Bitcoin would probably bounce back at a very reasonable price soon.
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March 29, 2020, 07:28:58 AM
 #63

I agree that the price of bitcoin is likely to rise later this year In 2017 the price of bitcoin was very invested they made a lot of profit There was also in 2018 but now much less No one would have thought that the price of bitcoin would go down so much. But don't sell it now The price of bitcoin will not be so low that the price will rise up front.
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March 29, 2020, 02:16:59 PM
 #64

I'm the most unluckiest person, because I brought 0.5 Bitcoin in 2017 3rd quarter and sold it in 2018 before it is going to down fall. I have converted all my Stellars in to Ripple, Stellars and trax coins. But till now I could not sell them due to that they are in very low position. If ince again I have chance to sell them in price rice in 2020 I may be very happy. But no hope it is according to my fate.
You are not the unluckiest person. For sure there are other people who did the same thing. In my case, I did not sell my bitcoin when it is already high way back 2017. In the next year, when bitcoin is already half of its price I needed a money. I have no other choice but to sell some. Even though I don't wanna do it, I did sold it. Up to now, the rest of the bitcoin are in my wallet and waiting for the price to increase again.

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March 29, 2020, 02:28:36 PM
 #65

I agree that the price of bitcoin is likely to rise later this year In 2017 the price of bitcoin was very invested they made a lot of profit There was also in 2018 but now much less No one would have thought that the price of bitcoin would go down so much. But don't sell it now The price of bitcoin will not be so low that the price will rise up front.
if you supposed to think that the market will rise back sooner, then you are absolutely right. Believing what is in your mind will be brought you too far.

Ain't no wonder why people are selling their coins when the saw market declines is that because they don't trust the system nor they have patience to wait for its recovery. If I buy bitcoin in the middle of the bullish market (last 2017) and then sell during the bear season is totally a big loss for me and feel regrets about it. But if you are still holding it now, I feel you lose a lot more than I'd lose...
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March 30, 2020, 04:03:19 AM
 #66

2017 is the best time for crypto currencies history. After 2017,  the price of crypto is going to down and down. I am also happy if it will reach the same place of 2017. I believe that crypto will also replace and better position in the future.       

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April 02, 2020, 06:18:22 AM
 #67

This is a sad and disappointing experience if I experience it, because in Q4 2017 bitcoin has gone up very high and I don't know the reason you don't sell it and take profit. You missed a big moment. Hopefully the assets you hold now recover soon
The reason of not selling at that time is very simple to understand yet people act like they did not understand. It is because during a bull run the rise makes people blind and they think prices will keep on increasing even after a certain increase has occurred. The important thing is to sell while the bull run is still happening and not get greedy. Kind of like gambling when you need to quit before the red streak starts.

But even then there are still assets to hold and you should hold them till one breaks even at least. More bullish trends will come in future but you have to have patience and a lot of it.

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April 02, 2020, 06:32:59 AM
 #68

This is a sad and disappointing experience if I experience it, because in Q4 2017 bitcoin has gone up very high and I don't know the reason you don't sell it and take profit. You missed a big moment. Hopefully the assets you hold now recover soon
At that point you will never know. If I'm also a beginner in crypto then I will definitely in the same place as OP have done. Perhaps the reason why people including myself used not to sell at that time is because we believe in what we're holding too much. We  could've forget the proper money management wherein it aims to diminish possible losses.
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April 02, 2020, 07:30:56 AM
 #69

2017 is the best time for crypto currencies history. After 2017,  the price of crypto is going to down and down. I am also happy if it will reach the same place of 2017. I believe that crypto will also replace and better position in the future.       

I guess that will happens in the future, but we don't know when it will happen. 2017 is the year on where people can make the biggest profit from the altcoin, and at the end of 2017 and the new year of 2018 is the best time for bitcoin because the bitcoin price finally reaches ATH which make every people shocked to see the increase of the price. So we have another opportunity to see that will coming again in this year or the next year since bitcoin will get halving in this year, and that can give a chance for bitcoin price to increase higher. And who knows, we will see another ATH.

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April 02, 2020, 07:34:29 AM
 #70

2017 is the best time for crypto currencies history. After 2017,  the price of crypto is going to down and down. I am also happy if it will reach the same place of 2017. I believe that crypto will also replace and better position in the future.       
Well, there is no doubt that we will experience a bull run again, it may take time but it will happen for sure.
Before 2017, people has been holding strong with their investment and they only made good profit by selling at the right timing.

The journey of the holders is quite hard, but they trust crypto and they for long term.
The secret here is just to hold longer and never get panic at any bad situation.
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April 02, 2020, 08:16:58 AM
 #71

I'm the most unluckiest person, because I brought 0.5 Bitcoin in 2017 3rd quarter and sold it in 2018 before it is going to down fall.
i don't think you are unlucky in this one?you have bought Bitcoin at 10k value more or less and sold to 15k range i thinks so that means you profited from that?
I have converted all my Stellars in to Ripple, Stellars and trax coins. But till now I could not sell them due to that they are in very low position. If ince again I have chance to sell them in price rice in 2020 I may be very happy. But no hope it is according to my fate.
this is another story because in this one we are talking about your altcoins so better keep the holding and don't rush.

also don't expect Good return this `2020 until the pandemic ends because as long as the world is in crisis ,for sure market of crypto will remain Dip like now.









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April 02, 2020, 07:22:25 PM
 #72

The fact is that a lot of new cryptocurrency users who became investors because of the huge excitement in the cryptocurrency market in 2017 are still in debt, because they took loans and borrow money to invest money in bitcoin.  But they chose a very inappropriate moment when the price began to rise above $ 15,000.  To date, people have not even been able to regain the funds that they spent on buying bitcoin.  But if a person during this time has learned to trade in the cryptocurrency market, it is possible that he could get rid of his debts.  Nevertheless, the purchase in 2017, and the sale of Bitcoin in 2018 is a very unprofitable transaction, even if you sell the number of coins at today's price, then this is even more loss than there has been so far.

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April 02, 2020, 08:26:49 PM
 #73

I have a friend who borrowed money from his colleagues and bought BTC during the bull run last 2017. He was so regretful when the market started dropping down. He's still paying the borrowed amount until now using his salary. He's still hoping that the bull run would happen again soon. It was a wrong move for him to be influenced by the hype during that time but it's a lesson that he will bear until he's done paying his debt. Excitement and greediness could lead us to wrong decisions in life. It's fine to hope for a good gain but we should also consider the market situation.
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April 03, 2020, 12:24:51 AM
 #74

I have a friend who borrowed money from his colleagues and bought BTC during the bull run last 2017. He was so regretful when the market started dropping down. He's still paying the borrowed amount until now using his salary. He's still hoping that the bull run would happen again soon. It was a wrong move for him to be influenced by the hype during that time but it's a lesson that he will bear until he's done paying his debt. Excitement and greediness could lead us to wrong decisions in life. It's fine to hope for a good gain but we should also consider the market situation.
This kind of story also happened to my friend lol but the money he invested came from his personal savings. He regrets too much because he was expecting too much from his investment not knowing the risk buying on a bull run. Most of us is hoping for another bull run like what we experienced in the past 2017. As for now, we should or we could save up as much as bitcoin as we can. I experienced so much upset on the opportunities that bitcoin showed me and I will make it happen when the time comes.

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April 03, 2020, 02:02:49 AM
 #75

2017 is the best time for crypto currencies history. After 2017,  the price of crypto is going to down and down. I am also happy if it will reach the same place of 2017. I believe that crypto will also replace and better position in the future.       
Well, there is no doubt that we will experience a bull run again, it may take time but it will happen for sure.
Before 2017, people has been holding strong with their investment and they only made good profit by selling at the right timing.

The journey of the holders is quite hard, but they trust crypto and they for long term.
The secret here is just to hold longer and never get panic at any bad situation.
Depending on what is happening in this market but Bitcoin will surely undergo a lot of other adjustments to return to the uptrend like 2017. It has really been 3 years and the bear market is still making for this whole market to be increasingly unpredictable.

If I can go back to the past, I just hope I can buy Bitcoin at $1000 and will wait until I earn the highest profit.
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April 03, 2020, 02:19:14 AM
 #76

2017 is the best time for crypto currencies history. After 2017,  the price of crypto is going to down and down. I am also happy if it will reach the same place of 2017. I believe that crypto will also replace and better position in the future.       
Well, there is no doubt that we will experience a bull run again, it may take time but it will happen for sure.
Before 2017, people has been holding strong with their investment and they only made good profit by selling at the right timing.

The journey of the holders is quite hard, but they trust crypto and they for long term.
The secret here is just to hold longer and never get panic at any bad situation.
Depending on what is happening in this market but Bitcoin will surely undergo a lot of other adjustments to return to the uptrend like 2017. It has really been 3 years and the bear market is still making for this whole market to be increasingly unpredictable.

If I can go back to the past, I just hope I can buy Bitcoin at $1000 and will wait until I earn the highest profit.

if you will wait for that 1k level i dont think it will happen again. but everything is possible anyway. but such price is very low that it is not 2016 anymore.
so many good things already happened in crypto and gained already a lot of crypto users since then
maybe what you can do is do some short term trading. you will gain more profit than waiting for that to happen and wait again to shoot its price.

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April 04, 2020, 12:11:09 PM
 #77

I have a friend who borrowed money from his colleagues and bought BTC during the bull run last 2017. He was so regretful when the market started dropping down. He's still paying the borrowed amount until now using his salary. He's still hoping that the bull run would happen again soon. It was a wrong move for him to be influenced by the hype during that time but it's a lesson that he will bear until he's done paying his debt. Excitement and greediness could lead us to wrong decisions in life. It's fine to hope for a good gain but we should also consider the market situation.
In investment, don't borrow other people's money because this will greatly affect your finances. I only use the assets available to invest because it makes me feel more comfortable and greatly reduce the psychological burden.

In the past, I invested in this market a lot and brought a very good profit in a short time. However, the greed has cost me a lot and it is the most valuable lesson of my life.

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April 05, 2020, 05:38:34 PM
 #78

Well I kinda categorized myself the same as you because I started earning and buying Bitcoin that year also, and I can remember the joy that year when Bitcoin almost reached 20k then it went straight downhill continuously until 7k that time.
The opportunity never ends anyway, OP. There's still a chance to comeback and recover.
That huge 20k price is still staying there like a doom for all of us and unless we go above it people will always have a reason to be bearish a bit. I do not understand it, we were there only for a few days at most and we dropped significantly afterwards, plus we were so high so quickly that we left the bottom wide open and that is why we dropped from 20k to 12k very very quickly and then even further down after that a bit slower and eventually even hit 3.5k during November of next year, took 1 year to reach 3k but we did. That was just one time.

Why do people still call 20k time as "we used to be there, we are still doing worse, we are in bear" type of thing? Will they continue to say we are in bear until we broke over 20k? Because that may really take some time.

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April 16, 2020, 06:44:41 AM
 #79

In investment, don't borrow other people's money because this will greatly affect your finances. I only use the assets available to invest because it makes me feel more comfortable and greatly reduce the psychological burden.
Thats a good mindset to follow. However you will not always have money at hand to buy coins at the time of low price, where you need to buy for that future pump. So at such times the traders do need to take a loan and enter the market.

Quote
In the past, I invested in this market a lot and brought a very good profit in a short time. However, the greed has cost me a lot and it is the most valuable lesson of my life.
Greed does kill but in trading you can take calculated risks and based on indicators you may be able to predict movements.

Surely someone who bought at wrong times will be lamenting since market has been going bearish more often than bullish and is no close to reaching that 5figure USD mark.

R


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April 16, 2020, 09:13:27 AM
 #80

In investment, don't borrow other people's money because this will greatly affect your finances. I only use the assets available to invest because it makes me feel more comfortable and greatly reduce the psychological burden.
Thats a good mindset to follow. However you will not always have money at hand to buy coins at the time of low price, where you need to buy for that future pump. So at such times the traders do need to take a loan and enter the market.
Right, there will be time for us to take risks because with our courage to take risks and get out of the comfort zone will give us the opportunity to get returns that might be better. We cannot stay in the comfort zone when we want something big, but that does not mean we are greedy, because basically we do need to increase profits over time.

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